Legal Process Outsourcing (LPO) - Global Strategic Business Report

Report
258 Pages
May 2024
Region: Global
Global Industry Analysts, Inc
ID: 2228041

The global market for Legal Process Outsourcing (LPO) is estimated at US$33.8 Billion in 2023 and is projected to reach US$237.5 Billion by 2030, growing at a CAGR of 32.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the E-Discovery segment, which is expected to reach US$75.9 Billion by 2030 with a CAGR of a 33.8%. The Patent Support segment is also set to grow at 36.3% CAGR over the next 7 years.
Regional Analysis: Gain insights into the U.S. market, estimated at $11 Billion in 2023, and China, forecasted to grow at an impressive 30.9% CAGR to reach $39.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Legal Process Outsourcing (LPO) Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Legal Process Outsourcing (LPO) Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Legal Process Outsourcing (LPO) Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as American Discovery, Amstar Litigation Support, Cobra Legal Solutions, LLC, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 12 Featured):

American Discovery
Amstar Litigation Support
Cobra Legal Solutions, LLC
CPA Global Limited
Elevate Services Inc.
Infosys BPM Ltd.
Integreon, Inc.
Lex Outsourcing
Mindcrest, Inc.
QuisLex
SmithDehn India
Thomson Reuters Corporation
UnitedLex Corporation
Wipro Limited

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
A Prelude
Market Drivers
Market Challenges
Recent Market Activity
Current and Future Analysis
India: A Potential Laden Market
Patent Support Services Garner Larger Pie
A Snapshot of Global LPO Industry
Major Countries Involved in LPO
LPO Industry Flourishes
Legal Process Outsourcing (LPO) - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Global Economic Update

2. FOCUS ON SELECT PLAYERS

American Discovery (USA)
Amstar Litigation Support (USA)
Cobra Legal Solutions, LLC (USA)
CPA Global Limited (UK)
Elevate Services Inc. (USA)
Evalueserve, Ltd. (Switzerland)
Infosys BPM Ltd. (India)
Integreon, Inc. (USA)
Lex Outsourcing (India)
Mindcrest, Inc. (USA)
Morae Global Corporation (USA)
QuisLex (USA)
SmithDehn India (India)
Thomson Reuters Corporation (USA)
UnitedLex Corporation (USA)
Wipro Limited (India)

3. MARKET TRENDS & DRIVERS

Law Firms Increasingly Adopt Outsourcing Models
Larger LPO Pure-Plays to Play a Decisive Role
Major Trends in the Global LPO Industry
Geographic Perspective
Leading Offshore Destinations
India - A Key Destination for Offshore Legal Services
European Firms Increasingly Opt for LPO
China Seeks to Attract LPO Work
LPO Services in Philippines to Witness Expansion
Mauritius Emerges as New LPO Destination
Mauritian Outsourcing Industry
Industry Perspective
Changes in the Law Industry Transform LPO
Legal Administrative and Secretarial Functions Gain Grip
Complex Processes Added to Paralegal Outsourcing
Integrated Technology Enabled Solutions Revolutionize Contract and Litigation Processes
LPO Industry Witnesses Rampant Consolidation Activity
Negative Sentiments of US Policymakers Expected to Hurt LPO Industry
Legal Process Outsourcing to Restructure Law Practices Globally
Onshore Legal Outsourcing Also Popular with Large Companies
Hybrid Outsourcing Model Gains Prominence
Instability of Host Nation Keeps Law Firms on Thin Ice
LPO Hubs to Face Tough Competition from Onshore Rural Outsourcing Zones
Can Automation Sound the Death Knell for LPO Market
Law Firms Embrace Latest Technologies
ElevateNext - A New LPO and Law Firm Partnership Aims to Bring Down Corporate Legal Costs by 50%

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 2: World Historic Review for Legal Process Outsourcing (LPO) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 3: World 16-Year Perspective for Legal Process Outsourcing (LPO) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
Table 4: World Recent Past, Current & Future Analysis for Patent Support by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 5: World Historic Review for Patent Support by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 6: World 16-Year Perspective for Patent Support by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 7: World Recent Past, Current & Future Analysis for E-Discovery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 8: World Historic Review for E-Discovery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 9: World 16-Year Perspective for E-Discovery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 10: World Recent Past, Current & Future Analysis for Litigation Support by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 11: World Historic Review for Litigation Support by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 12: World 16-Year Perspective for Litigation Support by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 13: World Recent Past, Current & Future Analysis for Contract Drafting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 14: World Historic Review for Contract Drafting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 15: World 16-Year Perspective for Contract Drafting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 16: World Recent Past, Current & Future Analysis for Other Service Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 17: World Historic Review for Other Service Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 18: World 16-Year Perspective for Other Service Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 19: World Recent Past, Current & Future Analysis for Review & Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 20: World Historic Review for Review & Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 21: World 16-Year Perspective for Review & Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
Table 22: World Legal Process Outsourcing (LPO) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
Table 23: USA Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 24: USA Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 25: USA 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

CANADA

Table 26: Canada Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 27: Canada Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 28: Canada 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

JAPAN

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Table 29: Japan Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 30: Japan Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 31: Japan 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

CHINA

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
Table 32: China Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 33: China Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 34: China 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

EUROPE

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Table 35: Europe Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
Table 36: Europe Historic Review for Legal Process Outsourcing (LPO) by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 37: Europe 16-Year Perspective for Legal Process Outsourcing (LPO) by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
Table 38: Europe Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 39: Europe Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 40: Europe 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

FRANCE

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
Table 41: France Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 42: France Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 43: France 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

GERMANY

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
Table 44: Germany Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 45: Germany Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 46: Germany 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

ITALY

Table 47: Italy Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 48: Italy Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 49: Italy 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

UNITED KINGDOM

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
Table 50: UK Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 51: UK Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 52: UK 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

REST OF EUROPE

Table 53: Rest of Europe Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 54: Rest of Europe Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 55: Rest of Europe 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

ASIA-PACIFIC

Legal Process Outsourcing (LPO) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 57: Asia-Pacific Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 58: Asia-Pacific 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

REST OF WORLD

Table 59: Rest of World Recent Past, Current & Future Analysis for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
Table 60: Rest of World Historic Review for Legal Process Outsourcing (LPO) by Service Type - E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
Table 61: Rest of World 16-Year Perspective for Legal Process Outsourcing (LPO) by Service Type - Percentage Breakdown of Value Sales for E-Discovery, Patent Support, Litigation Support, Contract Drafting, Review & Management and Other Service Types for the Years 2014, 2024 & 2030

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

American Discovery
Amstar Litigation Support
Cobra Legal Solutions, LLC
CPA Global Limited
Elevate Services Inc.
Infosys BPM Ltd.
Integreon, Inc.
Lex Outsourcing
Mindcrest, Inc.
QuisLex
SmithDehn India
Thomson Reuters Corporation
UnitedLex Corporation
Wipro Limited

Table Information

Report Attribute	Details
No. of Pages	258
Published	May 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 33.8 Billion
Forecasted Market Value ( USD ) by 2030	$ 237.5 Billion
Compound Annual Growth Rate	32.1%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 12 Featured):

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Table of Contents

Companies Mentioned (Partial List)

Table Information

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